Pie chart created by the Association of American Publishers titled Percentage of Total Trade Sales in 2024 by Format (Consumer Books). Hardback is 37.2 percent; paperback is 33.8 percent; digital audio is 11.3 percent; e-book is 10.8 percent; other is 3.1 percent; special bindings is 2.4 percent; mass market is 1.3 percent; and physical audio is 0.1 percent.

How Publishing Has Changed Since 2015

To mark the 10-year anniversary of this newsletter’s launch, here’s a look at some of the biggest industry changes in the past decade.
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New imprint at Simon & Schuster, led by former CEO

Simon & Schuster’s CEO Jonathan Karp is stepping down to run his own imprint, Simon Six, as soon as a replacement can be found.
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New literary roleplaying platform: Hidden Door

Tech studio Hidden Door is building immersive environments with choose-your-own-adventure stories based on famous public-domain works.
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Scribner UK (Simon & Schuster) launches new imprint

Scribner Editions will publish literary fiction and narrative nonfiction that plays with genre, form, and style.
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New organization: National Association of Black Bookstores

The member-based nonprofit will be dedicated to “promoting literacy, amplifying Black voices, and preserving Black culture.”
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Book sales indicators via HarperCollins

HarperCollins grew profits by 10 percent in fiscal year 2025 but saw disappointing results in the fourth quarter, when earnings dropped 12 percent.
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No surprise: Boundless fails

When crowdfunding publisher Unbound went bankrupt the former CEO purchased the assets for a new venture, which has also gone belly up.
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New literacy nonprofit launched by author Kwame Alexander

One Word at a Time will provide educational resources to school libraries and help connect children’s readers and authors.
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New imprint at Simon & Schuster UK: Solstice

Solstice Books will publish sci-fi/fantasy, romantasy, and horror starting in spring 2026.
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Aethon Books and Vault Comics partner on a new imprint

Together, they will bring Aethon’s biggest ebook and audiobook titles into print.
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Romance book event directory

Romancing the Data has launched an event directory to help authors and readers find events in the US, Canada, and online.
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Goodreads has a new logo after nearly 20 years

A statement from the company says, “Our new logo is … fun, friendly, and focused on books—just like Goodreads.”
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Another publisher collective: United Publishing Group

United Publishing Group brings together Forefront Books, Histria Books, and Unicorn Publishing Group in the UK.
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Book sales update: First half of 2025

Compared to last year, print book sales are down about 1 percent with adult nonfiction declining more than fiction.
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If you’re on Substack, pay attention

With millions of writers and readers that Substack doesn’t monetize at all and that cost money to support, advertising is the next obvious step.
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New imprint at Penguin: Berkeley XO

The adult-YA crossover imprint will publish fiction only, combining talent from Penguin’s Berkley and Penguin Young Readers imprints.
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Romantasy’s Dominance of the Bestseller Lists Has Only Just Begun

In the Kindle Top 100 bestsellers year to date, 61 percent of titles are romance—and everything else is likely to include romantic elements.
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A high-profile scandal involving a bestselling memoir

Every so often, the public is reminded that memoirs are not journalistic works and aren’t fact-checked by their publishers.
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New imprint: Bite Books

HarperCollins has partnered with Fox Entertainment on a food imprint, Bite Books, an extension of Fox’s brand Bite.
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New imprint: Medill Books

Agate Publishing has partnered with Northwestern University’s Medill School of Journalism to publish reported, short-length nonfiction books.
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New nonprofit UK publisher: Extraordinary Books

The publisher will share profits with authors 50-50, but only after costs are recouped.
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Book sales update: down 1 percent for the year

Adult fiction sales were up by 1 percent, nonfiction sales fell about 3 percent, and religious books are up by 16 percent.
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Radish is closing at the end of this year

Ten years ago there was market enthusiasm and interest in mobile reading, but that market has cooled considerably.
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Top 10 bestselling books of 2025 so far

In the lead: The Let Them Theory by Mel Robbins, with more than 1.7 million copies sold, one of only two nonfiction books on the list.
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A new imprint from Farrar, Straus and Giroux

North Point Press is returning to life under FSG, which acquired its assets in 1992 but later stopped releasing new books under the imprint.